Press release December 22, 2008 Swedbank announces the results of its rights issue The subscription period for Swedbank AB's (publ) rights issue ended on December 16, 2008. 195.0 million preference shares, corresponding to 75.7 percent of the offered preference shares, were subscribed for pursuant to the exercise of subscription rights in the rights issue. As regards the remaining part of the rights issue, 0.2 million preference shares, corresponding to 0.1 percent of the offered preference shares, will be allotted to parties that have applied to subscribe for preference shares without subscription rights, and 62.5 million preference shares, corresponding to 24.3 percent of the offered preference shares, will be allotted to the consortium of existing shareholders that has agreed to underwrite the rights issue. This means that the SEK 12.4 billion rights issue (before issue-related costs) will be fully subscribed. Under the terms of the rights issue, two existing ordinary shares entitled to subscription for one new preference share at a subscription price of SEK 48 per preference share. Through the rights issue the total number of shares outstanding will increase by 257,686,706 to 773,060,118, consisting of 515,373,412 ordinary shares and 257,686,706 preference shares. The new preference shares are traded with the ticker symbol SWED PREF on NASDAQ OMX Stockholm, the Large cap segment, from and including December 22, 2008. For further information: Thomas Backteman, Head of Communication and IR, Swedbank, phone: +46 (0)73-098 14 17 Anna Sundblad, Press Manager, Swedbank, phone: +46 (0)70-321 39 95 LEGAL NOTIFICATIONS The subscription rights and the preference shares referred to in this press release have not been, and will not be, registered under the Securities Act of 1933, as amended, or under the securities laws of any state of the United States, and may not be offered or sold in the United States or any state of the United States unless registered or pursuant to an available exemption therefrom. The distribution of this press release in certain jurisdictions may be restricted. This press release does not constitute an offer of, or an invitation to purchase, any securities of Swedbank in any jurisdiction in which such offer or invitation would be unlawful. This press release contains forward-looking statements, which are statements related to future, not past, events. In this context, forward-looking statements often address Swedbank's expected future business and financial performance, and often contain words such as "expect”, "anticipate”, "intend”, "plan”, "believe”,"seek”, or "will”. Forward-looking statements by their nature address matters that are, to different degrees, uncertain and can be influenced by many factors, including the behavior of financial markets, including fluctuations in interest and exchange rates, commodity and equity prices and the value of financial assets; continued volatility and further deterioration of the capital markets; the commercial and consumer credit environment; the impact of regulation and regulatory, investigative and legal actions; strategic actions; and numerous other matters of national, regional and global scale, including those of a political, economic, business and competitive nature. These factors may cause Swedbank's actual future results to be materially different than those expressed in its forward-looking statements. Swedbank does not undertake to update its forward-looking statements. Neither the content of any of Swedbank's websites nor any website accessible by hyperlinkage to any of Swedbank's websites is incorporated in, or forms part of, this announcement. Swedbank's vision is to be the leading financial institution in the markets where we are present. Swedbank has 9 million retail customers and 600,000 corporate customers with more than 459 branches in Sweden, 300 branches in the Baltic countries and another 190 branches in Ukraine. The group is also present in Copenhagen, Helsinki, Kaliningrad, Luxembourg, Marbella, Moscow, New York, Oslo, Shanghai, St. Petersburg and Tokyo. As of December 2007 the group had total assets of SEK 1,600 billion and approximately 22,000 employees. For more information about Swedbank, please visit www.swedbank.com.
Swedbank announces the results of its rights issue
| Source: Swedbank AB